Diversity and growth

"The diversity of social interaction within economic communities affects productivity and growth, and is itself shaped by economic conditions. These reciprocal effects raise the possibility of multiple equilibria, of setting a socially polarized economy stagnating in poverty on a new path of so...

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Bibliographic Details
Main Authors: Gradstein, Mark, Justman, Moshe
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Bonn 2018
IZA
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19301236124911294189-Diversity-and-growth.htm
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author Gradstein, Mark
Justman, Moshe
author_facet Gradstein, Mark
Justman, Moshe
collection Library items
description "The diversity of social interaction within economic communities affects productivity and growth, and is itself shaped by economic conditions. These reciprocal effects raise the possibility of multiple equilibria, of setting a socially polarized economy stagnating in poverty on a new path of social integration and economic growth through external intervention or an internal political initiative. This paper describes a simple analytical model that captures these reciprocal effects, and sheds light on the role of government capacity, community leadership, federation and external credit or aid, in achieving economic growth through social integration."
format TEXT
id 19301236124911294189_d6fd49f2d0bb4b8ebb76af8eeccc68a2
institution ETUI-European Trade Union Institute
is_hierarchy_id 19301236124911294189_d6fd49f2d0bb4b8ebb76af8eeccc68a2
is_hierarchy_title Diversity and growth
language English
physical 33 p.
Digital
publishDate 2018
publisher Bonn
IZA
spellingShingle Gradstein, Mark
Justman, Moshe
cultural relations
economic growth
globalization
Diversity and growth
thumbnail https://www.labourline.org/Image_prev.jpg?Archive=134646895282
title Diversity and growth
topic cultural relations
economic growth
globalization
url https://www.labourline.org/KENTIKA-19301236124911294189-Diversity-and-growth.htm